News: Corning Shares Buyback $GLW

Corning Incorporated has announced a new $2 billion share repurchase program of the company`s common stock.  The board also declared a quarterly dividend on the company`s common stock of $0.12 per share, payable on September 30, 2015, to holders of record on August 31, 2015.

“Our repurchases demonstrate not only our continuing commitment to return cash to shareholders, but also our belief that Corning`s valuation is greater than the current share price,” said James B. Flaws, vice chairman and chief financial officer.

View the full release here.